"however they sling bullshit and/or break their word tell them no and be ready to walk" - in an ideal world, that would be the best move.
My take from Cohen's article was Romney's Bain Capital had their gameplan down to a science - after being the highest bidder and chasing other bidders away, they "suddenly" spotted reasons why the price a company was asking was too high.
When a company is up for sale, as much as they try to keep it a secret word does get out and once Bain Capital "suddenly" spotted reasons to pay less it immediately lowers the value of the company for other prospective buyers.
When a deal comes close to being finalized, the company may already be in a precarious position, read: almost desperate to sell...Apparently Bain Capital had their gameplan down to a science and knew exactly when to launch their "sudden" concerns, permititng them to go back on their word which apparently was never good to begin with - the old "bait and switch".
Would a president Romney pull a "bait and switch" on voters? Past past behavior often is a predictor of future behavior.
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